Things you shouldn't do in the world of crypto if you want to keep your money!

Things you shouldn't do in the world of crypto if you want to keep your money!

By Cal_tv93 | Fauceteer | 29 Jul 2019


Well this is very simple and just a post reminding you what not to do with your hard earned crypto and then instead HODL them or actually use them as a payment for products like i'm taking crypto in exchange of crypto currency on my shop.fauceteer.pw where you can use crypto to buy license keys.

 

1. Investing and HYIP

There is really nothing legit in this what so ever and actually only 1% sites that still are up. There is no way that you can earn 12% a day on anything for 30 days and it will end up in someone loosing money to the scammer that set up the website in the first place. Lets just take a website called Westland  Storage. they promised 1% daily for life, but ended up not paying out and said there was a problem and at the same time collecting money from investors to invest into their own island and ended up stealing 38 million dollars of crypto.

 

If you really need a cloud mining company that have mining gear and is not a HYIP please see below

 

HelixxMine

Hashflare

 

2. Bitcoin hacking and doublers

For the love of god, there is no such thing as hacking bitcoin code to generate bitcoin or doubling them at all. Everyone that have actually looked into whats possible knows this is all scam and just a bad try to get money out of people because you all of a sudden can get 2.5 BTC for 0.01 BTC... come on guys get real!

If you really want to double your bitcoins then buy low and sell high and you will reach it some day for sure!

 

3. Traders or mining managers

We all have tried getting messages from these on facebook and im actually also started getting annoyed by them on Instagram now, they aren't real, they either a spam bot that will send you to a scam trader or miner or they are just the scammer trying to lure out money from you to mine and promise you $2500 after a week of mining if you just fill your wallet with $100. its the biggest bullshit out there and not even possible unless you have 4 football fields of miners that mine to one wallet and no need to fill the wallet first...

If you want to ear money from your crypto i would recommend this site.

 

Coinloan

 

Coinloan let you lend out fiat or crypto to people that give you a collat while they lend the money that you get to keep to they have paid you back.

 

4. Icos and tokens

So yea, there is so many ICOS out there for companys that want to do their things, but this can be a scam country, because you can start your own token for no money and if you make a good ico you can earn a lot from the sales and also why its easy to scam. So please check uyp on ICOS before you invest into an ICO, does it have a proper whitepaper, whos behind it and check up if they actually is part of the team.

How do you rate this article?

0


Cal_tv93
Cal_tv93

Crypto lover that just want to help people and great projects. Business owner and business developer


Fauceteer
Fauceteer

Blogging about crypto tools and nodes as well as free ways to earn crypto.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.